<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-30-201 - Rental car company as limited lines insurance producer--License requirements. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076547Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076547SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076547CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076547Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076547DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2076547Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076547000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076547SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076547SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2076547Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-201"><span class="s2076547SENU">58-30-201</span></a><span xml:space="preserve" class="s2076547SENU">. </span><span class="s2076547CL">Rental car company as limited lines insurance producer--License requirements.</span></p><p dir="ltr" class="s2076547Normal-000000"><span xml:space="preserve" class="s2076547DefaultParagraphFont">A rental car company may apply to be licensed as a limited lines insurance producer under the terms of §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-197"><span class="s2076547DefaultParagraphFont">58-30-197</span></a><span xml:space="preserve" class="s2076547DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-208"><span class="s2076547DefaultParagraphFont">58-30-208</span></a><span xml:space="preserve" class="s2076547DefaultParagraphFont">, inclusive, if it satisfies all of the requirements of §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-197"><span class="s2076547DefaultParagraphFont">58-30-197</span></a><span xml:space="preserve" class="s2076547DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-208"><span class="s2076547DefaultParagraphFont">58-30-208</span></a><span class="s2076547DefaultParagraphFont">, inclusive, and if it files the following documents with the director:</span></p><p dir="ltr" class="s2076547Normal-000001"><span class="s2076547DefaultParagraphFont">(1)    A written application for licensure, signed by the applicant or by an officer of the applicant, in the form or format prescribed by the director that includes a listing of all locations at which the rental car company intends to offer, sell, or solicit rental car insurance;</span></p><p dir="ltr" class="s2076547Normal-000001"><span xml:space="preserve" class="s2076547DefaultParagraphFont">(2)    A certificate, by the insurer that is to be named in the rental car agent license, stating that the insurer has satisfied itself that the named applicant is trustworthy and competent to act as its rental car agent limited to this purpose; that the insurer has reviewed the endorsee training and education program required by § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-203"><span class="s2076547DefaultParagraphFont">58-30-203</span></a><span xml:space="preserve" class="s2076547DefaultParagraphFont"> and believes that it satisfies the statutory requirements; and that the insurer will appoint the applicant to act as its rental car agent to offer, sell, or solicit rental car insurance if the license for which the applicant is applying is issued by the director. The certification shall be subscribed by an officer or managing agent of the insurer on a form or format prescribed by the director.</span></p><p dir="ltr" class="s2076547Normal"><span xml:space="preserve" class="s2076547000002"> </span></p><p dir="ltr" class="s2076547Normal"><span class="s2076547SCL">Source:</span><span xml:space="preserve" class="s2076547SCL-000003"> SL 2001, ch 272, § 5; SDCL § 58-9-38; SL 2010, ch 233, § 2.</span></p></div></body></html>